This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The insurance industry is experiencing a significant transformation fuelled by the ubiquity of digital technologies. As these solutions gain traction in this sector, they add complexity to a regulatory landscape that insurance firms need to navigate, especially when it comes to Customer Identity and Access Management (CIAM).
Insurance, a study in Stagnation The insurance industry remained stagnant in consumer trust, securing only 24% confidence in 2025unchanged from 2024. While insurers benefit from regulatory oversight like the banking sector, persistent friction points like opaque claims processes and intrusive data collection eroded goodwill.
Thales OneWelcome Identity Platform and HIPAA Compliance in 2025 madhav Wed, 03/19/2025 - 05:58 The Health Insurance Portability and Accountability Act (HIPAA) has undergone significant changes in 2025, introducing enhanced requirements to address growing cyber threats and ensure comprehensive data protection.
According to the Insurance Information Institute , there was a 45-percent increase in identity theft in 2020, and the rapid digitaltransformation that took place during 2020 would not have helped improve this figure. Authentication also reduces the overall likelihood of compromising information.
CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. This is where digitaltransformation and CIAM come into play.
PKI and digital certificates were pivotal in the formation of the commercial Internet, maturing in parallel with ecommerce. Digital certificates get issued publicly, by a CA, or privately by an individual company for users and servers. This is how we authenticate human and machine identities and move encrypted data between endpoints.
The Health Insurance Portability and Accountability Act (HIPAA), enacted in 1996, established national standards to safeguard sensitive patient health information (PHI) and prevent unauthorized disclosures. New measures proposed by HHS Multi-Factor Authentication (MFA) : Clear definitions to enhance security when accessing sensitive systems.
The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.
In one sense, digitaltransformation is all about machines. Related: Authenticating IoT devices Physical machines, like driverless vehicles and smart buildings; but, even more so, virtual machines. Hudson: The world as we once knew it is becoming digitalized. Everything. We’re in the very early innings of this.
Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.
A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average. Among FinServ organizations, 73% have adopted multifactor authentication (MFA) to secure cloud data access, nearly matching the overall average of 74%.
The effects of the global pandemic pushed organizations to accelerate their digitaltransformation strategies. In light of rapid digitaltransformation 8 in 10 executives are investing in IT infrastructure in order to keep up with evolving customer expectations. Zero trust authentication model.
It is often implemented through standard Single Sign-On (SSO) protocols, such as SAML or OpenID Connect, to enable authentication across different organizations, without requiring each party to maintain separate user accounts. Think about your local insurance broker or a small medical practice. passkeys, FIDO2, biometrics). Yes and no.
Adaptive control, no trust, zero-trust, auto-remediation artificial intelligence, and content filter with multi-factor authentication aligning with your CASB deployment add in open-source technology, unpatched critical infrastructure, is your organization’s cybersecurity risks and compliance mandates protected?
In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. A cybersecurity plan must include policies and procedures – and methods of both implementing them and testing that they are being enforced.
Insurance, a study in Stagnation The insurance industry remained stagnant in consumer trust, securing only 24% confidence in 2025unchanged from 2024. While insurers benefit from regulatory oversight like the banking sector, persistent friction points like opaque claims processes and intrusive data collection eroded goodwill.
In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. A cybersecurity plan must include policies and procedures – and methods of both implementing them and testing that they are being enforced.
The Health Insurance Portability and Accountability Act (HIPAA), enacted in 1996, established national standards to safeguard sensitive patient health information (PHI) and prevent unauthorized disclosures. New measures proposed by HHS Multi-Factor Authentication (MFA) : Clear definitions to enhance security when accessing sensitive systems.
Having been obliged to shift to digital, mobile and online channels – for services ranging from grocery shopping to medical consultations – citizens are sticking with them as a matter of choice. For governments, this profound behavioural change can now be harnessed to advance their digitaltransformation agendas.
Key management is needed for compliance with Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS), and the General Data Protection Regulation (GDPR). As enterprises continue their digitaltransformation, safe transfer of and access to information is imperative.
The event connects technologists and business leaders with experts, solutions, and services to help accelerate digitaltransformation plans. At our booth, we will cover topics such as digital sovereignty, the Schrems II ruling, and modern authentication, including FIDO2 for Microsoft. Use it when you register here.
Many airports today are engaged in multiple and large-scale digitaltransformation efforts, such as moving IT data to the cloud, sharing real-time flight and ground status with airport workers, and even implementing a BYOD (bring-your-own-device) policy for employees.
Digitaltransformation, proliferation of location agnostic technologies and immense data generation have created uncontrolled remote environments and a fragmented enterprise ecosystem, rendering legacy security policies and practices based on trust obsolete. “An BJ Gardner, Lead Systems Architect, PLM Insurance Co.
Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.
Banking, finance, and insurance institutions must safeguard consumer information and accounts while providing customers continuous access to their balances and funds. CIAM becomes the partner in the business’s digitaltransformation efforts to enhance the customers’ experience in a secure and safe way.
The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.
94% said identity investments are part of strategic initiatives including cloud adoption (62%), Zero Trust implementation (51%) and digitaltransformation initiatives (42%). 43% believe that implementing multifactor authentication (MFA) would have made a difference in preventing breaches. Identity and investment in Zero Trust.
The healthcare industry has witnessed a rapid digitaltransformation, with hospitals, clinics, and medical practices relying heavily on technology to store and manage patient data, streamline operations, and improve patient care. Patient records, insurance information, and intellectual property are just a few examples.
Kevin Richards of the insurer Marsh joins us to talk about that company's Cyber Risk Perceptions Survey. » Related Stories Explained: Two-Factor vs. Multi-Factor Authentication RSA warns DigitalTransformation is supercharging Digital Risk Episode 149: How Real is the Huawei Risk? Read the whole entry. »
People rely on unique identities, like usernames, passwords and two-factor authentication, to get access to network data and services. Digitaltransformation initiatives have caused the number of machines on enterprise networks to grow exponentially, while the number of people on enterprise networks is growing quite slowly.
Our OneWelcome Identity Platform (for CIAM) and SafeNet Trusted Access (for workforce) deliver flexible, SaaS-first offerings that cater to diverse industries like banking, insurance, and media across North America and Europe.
Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.
Our OneWelcome Identity Platform (for CIAM) and SafeNet Trusted Access (for workforce) deliver flexible, SaaS-first offerings that cater to diverse industries like banking, insurance, and media across North America and Europe.
The response from healthcare institutions typically varies based on an organization’s ability to rapidly adapt to digital technologies and restructure and transform systems and operations. Security and compliance have always been a key focus for the healthcare industry, but COVID-19 introduced new challenges.
Some see this as a catalyst for the so-called digitaltransformation. While some of these costs, such as multi-factor authentication (MFA) or endpoint detection and response (EDR), could reasonably be demonstrated to have a business return on investment (ROI), other aspects may be tougher to quantify.
While compliance enforces behavior through rules and consequenceslike being forced to exercisetrue buy-in reflects authentic understanding and commitment. Secure digital identities: Broader adoption of services like Clear and ID.me Let me unpack what I mean. could reduce identity theft and build trust online.
The informative booth sessions include Jason Keenaghan , Director of IAM Product Management, on ‘Self-Sovereign Identity: Gateway to Privacy-First User Experience’, a joint session with Microsoft and Sarah Lefavrais , Manager, IAM Product Marketing, on the ‘Executive Order 14028 x Phishing Resistant Authentication = True Zero Trust’.
DigitalTransformation In 2024, several trends are expected to shape the landscape of digitaltransformation. To counter advancing cyber threats, organisations will implement more sophisticated security measures like multi-factor authentication, micro-segmentation, and continuous monitoring.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content